Green coatings market will grow at a rate of 5.95% for the forecast period of 2021 to 2028. Increasing stringent government regulations concerned with VOC is a vital factor driving the growth of feed acidifiers market.

Increasing environmental awareness in the developing regions displaying larger spend on infrastructure is the vital factor escalating the market growth, also increasing demand for waterborne and powder coating to substitute solvent borne coatings especially in the industrial and automotive application, increase in architectural sector in developing countries such as China, Japan, increasing demand for radiation cure coatings and plant-based wood coatings, rising awareness towards volatile organic compounds (VOC) emissions, rising usage of the ultraviolet curing coating and plant-based sources for the production of the wood coating and increasing awareness of health and environmental impacts due to volatile organic compounds are the major factors among others driving the green coatings market. Moreover, rising advancement in coatings technology, rising use of radiation cure coatings, rising research and development activities and rising demand of the product from numerous end-user industries will further create new opportunities for the green coatings market in the forecast period of 2021- 2028.

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Market Analysis and Insights 

This green coatings market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on green coatings market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

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Performance Chemicals Market Scope

Green coatings market is segmented on the basis of type, application and source. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.

  • Based on type, the green coatings market is segmented into waterborne coatings, powder coatings, high-solids coatings, and radiation cure coatings.
  • On the basis of application, the green coatings market is segmented into construction, consumer goods, automotive, oil & gas, mining, aerospace, marine and others. Construction has been further segmented into curtain wall, wall and roof panels, window, door frames, store fronts and interior extrusions & panels. Consumer goods have been further segmented into oven components, dryer drums, rooftop HVAC units, large air ventilation systems, electronic boxes, furniture and fixtures and others. Automotive has been further segmented into truck chassis components, bus floors, automotive engine components, other automotive non-body-in-white applications and others. Oil and gas has been further segmented into mining, aerospace, marine and others.
  • The green coatings market is also segmented on the basis of source into vegetable oil, soy bean, castor oil, clay and others.

 

Competitive Landscape and Green Coatings Market Share Analysis

 

Green coatings market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to green coatings market.

 Some of the major players operating in the  Green Coatings market are,

Akzo Nobel N.V., Asian Paints, Axalta Coating Systems LLC, BASF SE, Berger Paints India Limited, DAW SE, HEMPEL A/S, Jotun, Kansai Paint Co.Ltd., Masco Corporation, Nippon Paint Holdings Co. Ltd., PPG Industries Inc., RPM International Inc., The Sherwin-Williams Company, TIKKURILA OYJ, Walter Wurdack Inc., GLOBAL Encasement Inc., DSM, Henkel AG & Co. KGaA, Sika AG, ALLNEX NETHERLANDS B.V., Momentive, OMNOVA Solutions Inc., and Covestro AG,. among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

 

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